Permanent TSB Group Holdings PLC Holding(s) in Company (3784N)

TIDMIL0A

RNS Number : 3784N

Permanent TSB Group Holdings PLC

08 August 2017

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the Central Bank of Ireland)(i) 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying issuer of 
  existing shares to which voting rights are attached(ii) 
  : Permanent TSB Group Holdings plc 
------------------------------------------------------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
  [X] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ ] Other (please specify)(iii) : 
------------------------------------------------------------------------------------- 
 3. Details of person subject to the notification obligation(iv) 
  : 
 Name:                                  City and country of registered 
  Morgan Stanley                         office (if applicable): 
                                         Wilmington, Delaware, USA 
-------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) 
  : 
------------------------------------------------------------------------------------- 
 5. Date on which the threshold was crossed or reached(vi) 
  : 03.08.2017 
------------------------------------------------------------------------------------- 
 6. Date on which issuer notified: 07.08.2017 
------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed or reached: 3%,4%,5% 
------------------------------------------------------------------------------------- 
 8. Total positions of person(s) subject to the notification 
  obligation: 
------------------------------------------------------------------------------------- 
                     % of voting        % of voting       Total of       Total number 
                      rights attached    rights through    both in %      of voting 
                      to shares          financial         (9.A + 9.B)    rights of 
                      (total of          instruments                      issuer(vii) 
                      9.A)               (total of 
                                         9.B.1 + 9.B.2) 
------------------  -----------------  ----------------  -------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached         2.50%              2.63%             5.13%          454,695,492 
------------------  -----------------  ----------------  -------------  ------------- 
 Position 
  of previous          Below 3%           Below 3%          Below 3% 
  notification 
  (if applicable) 
------------------  -----------------  ----------------  -------------  ------------- 
 
 
 9. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
  : 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type           Number of voting rights(ix)            % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
------------------- 
 
                              Direct             Indirect           Direct                   Indirect 
-------------------  ----------------------  -------------  -------------------  ----------------------------- 
 IE00BWB8X525                                  11,349,670                                    2.50% 
-------------------------------------------  -------------  -------------------  ----------------------------- 
 
 
 SUBTOTAL 
  A                                            11,349,670                                    2.50% 
-------------------------------------------  -------------  -------------------  ----------------------------- 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) 
  of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration            Exercise/       Number of voting                  % of voting 
  instrument            date(x)               Conversion      rights that                       rights 
                                              Period(xi)      may be acquired 
                                                              if the instrument 
                                                              is exercised/converted. 
--------------------  --------------------  --------------  --------------------------------  ---------------- 
 Right of 
  recall over 
  securities 
  lending agreements           N/A                N/A                   4,454,795                   0.98% 
--------------------  --------------------  --------------  --------------------------------  ---------------- 
 
 
                        SUBTOTAL B.1                                    4,454,795                   0.98% 
                       -----------------------------------  --------------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Regulation 17(1)(b) of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of              Expiration             Exercise/       Physical             Number       % of voting 
  financial            date(x)               Conversion      or cash              of voting     rights 
  instrument                                 Period          settlement(xii)      rights 
                                             (xi) 
-------------------  ---------------------  --------------  -------------------  -----------  ---------------- 
    Equity Swap            05.09.2017             N/A               Cash          7,500,000         1.65% 
-------------------  ---------------------  --------------  -------------------  -----------  ---------------- 
 
 
                                                             SUBTOTAL 
                                                              B.2                 7,500,000         1.65% 
                                                            -------------------  -----------  ---------------- 
 
 
 
 10. Information in relation to the person subject to 
  the notification obligation (please tick the applicable 
  box): 
 
  [ ] Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer.(xiii) 
 
  [X] Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or legal 
  entity(xiv) : 
 Name(xv)                % of voting        % of voting               Total of both 
                          rights if it       rights through            if it equals 
                          equals or is       financial instruments     or is higher 
                          higher than        if it equals              than the notifiable 
                          the notifiable     or is higher              threshold 
                          threshold          than the notifiable 
                                             threshold 
----------------------  -----------------  ------------------------  --------------------- 
 Morgan Stanley 
----------------------  -----------------  ------------------------  --------------------- 
 Morgan Stanley 
  International 
  Holdings Inc. 
----------------------  -----------------  ------------------------  --------------------- 
 Morgan Stanley 
  International 
  Limited 
----------------------  -----------------  ------------------------  --------------------- 
 Morgan Stanley 
  Investments 
  (UK) 
----------------------  -----------------  ------------------------  --------------------- 
 Morgan Stanley 
  & Co. International 
  plc                                                                 5.13% 
-------------------------------------------------------------------  --------------------- 
 
 11. In case of proxy voting: [name of the proxy holder] 
  will cease to hold [% and number] voting rights as of 
  [date] 
------------------------------------------------------------------------------------------ 
 
 12. Additional information(xvi) : 
------------------------------------------------------------------------------------------ 
 

Done at Glasgow on 07.08.2017.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 08, 2017 09:00 ET (13:00 GMT)